Nokia: Worldwide Mobile Phone market grows 23%, Nokia re-enters 30% share bracket -- IDC (NOK) 15.79: Nokia showed renewed strength and expanded vendor portfolios continued to gain traction with consumers as the worldwide mobile phone market posted a second consecutive quarter of sequential growth in the third quarter of 2004. According to IDC's Worldwide Mobile Phone QView, worldwide mobile phone shipments rose 23% year over year and increased sequentially 7% in 3Q04 to 164.1 million units. Q3 marked the first time that Nokia has achieved greater than 30% market share since co's drop during the first quarter of 2004. Motorola's (MOT) refreshed product portfolio helped to push the company to 15.3% year-over-year growth but was unable to prevent a 3.3% slip in sequential shipments. This drop led to a corresponding decline of 1.5% in market share.
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